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January inflation slows in Argentina but woes persist

Location:

ARGENTINA

ARGENTINA: January inflation slows but woes persist

East Timor will struggle to improve economic outlook

Location:

EAST TIMOR

The country is trying to rebuild its economy, which contracted by an estimated 7.6% in 2020. The fallout of the COVID-19 crisis has cut oil and gas income, which contributes about…

Poorer middle class is a constraint on Russian growth

Location:

RUSSIA

One study suggests that 1.5 million middle-class people lost their jobs in 2020. Despite government assistance programmes to keep employees in work and ease home-buying, the…

Eastern Europe’s green transition will need more work

Location:

EASTERN EUROPE

National efforts, EU-wide measures, warm weather and low Chinese demand helped them weather the impact of Russia’s invasion of Ukraine, but partly at the expense of progress on…

Government should pass referendum test in Uruguay

Location:

URUGUAY

President Luis Lacalle Pou’s government has strong public support thanks to a tepid economic recovery and improvements in security, and despite a new wave of COVID-19 cases…

Puerto Rico control board will squeeze debt holdouts

Location:

PUERTO RICO

The announcement would mark the largest subnational bankruptcy in US history, with Puerto Rico facing debt obligations of 73 billion dollars from an array of public entities and…

US job market bifurcation will restrict the recovery

Location:

UNITED STATES

The recovery of the US labour market still lags that of the economy overall, although it mirrors its bifurcation. While the COVID-19 recession has ended for high-wage workers, job…

US Fed communication will be key to economic prospects

Location:

UNITED STATES

While Chair Jerome Powell cautions that full employment remains some way off, the Fed is considering how and when to wind down its asset purchases. It could give more guidance at…

Productivity growth is key to UK economic prospects

Location:

UNITED KINGDOM

Real wages are now falling at a record pace and the economy is close to recession. While some of the determining factors of the current low-growth, high-inflation environment are…

Tehran will flounder over COVID-19’s economic impact

Location:

IRAN

Facing the region’s largest coronavirus outbreak, the authorities belatedly closed schools, banned all religious and social gatherings and asked people to stay indoors. However…